Home/Developers/West Midlands/Hereford
Developers in Hereford
Hereford stock that is not earning.
An empty Hereford unit still costs finance, council tax and service charge every month it stands there. We take it on a company let and pay a fixed monthly rent instead.
Three Ways We Work
Three things we do.
Unsold & Slow-Moving Units
Rather than discount the last few plots, let them to us on a fixed rent and keep the asking price where you want it. How this works →
Site Team Accommodation
Managed accommodation near site for your own staff and contractors, on one company account with a single monthly invoice. How this works →
Whole Block or Phase
A completed phase taken as a unit, with break provisions so you can pull units back if the sales market turns. How this works →
Hereford
How the figure is reached
Whatever is agreed gets written down before either side commits, including what happens if it stops working. A rent with no agreed exit is not a better deal, it is an argument scheduled for later.
Hereford
How the work gets done
Compliance paperwork usually decides the timeline rather than the legals. Certificates and sign-offs land when they land, and we would rather wait for them than take on a unit we should not.
Hereford
Who gets the most from it
It works for owners who are some distance away, because nothing about it requires them to be nearby.
Hereford
Certificates, licensing and insurance
Where a council requires planning consent for a particular use, that is a question for the council and not for us to answer on their behalf. We will point an owner at the right place.
Hereford
Things we don't do
We do not quote a figure before somebody has looked at the property. A number produced from a postcode is a marketing device, not an appraisal.
Hereford
Where to start
Getting in touch costs nothing and commits to nothing. That is not a sales line; it is how the process is set up.
Coverage
Other places we work near Hereford
Check Us Properly
Check the covenant before you plan.
Every arrangement here is a contract with a registered company. A contract deserves a covenant check. Run one before you rely on the rent. Company No. 16187542: we will hand over what you need to check it properly. On larger schemes a staged take-up is the normal answer, not a sign of reluctance.
Nothing on this page is a valuation, a financial promotion or investment advice. Terms are specific to the scheme in front of us and are agreed in writing before either side commits.
Your Questions
Hereford schemes, explained.
Still not sure? Ask us about your property and we'll answer for your specific situation.
Why would we let Hereford units rather than just discount them?
A discount is permanent and a letting is not. If the sales market is slow rather than broken, income across the slow period plus a break clause for when a buyer appears usually beats cutting the asking price on the last few plots.
What happens to the Hereford agreement if we sell the block?
The agreement is with the property, so a buyer takes it subject to our lease. That is worth raising with your agent early, because for some buyers an income-producing block is more attractive and for others it is not.
Can you house our site team instead?
That is a separate arrangement we also offer: managed accommodation near site for your own staff and contractors, on one company account with a single monthly invoice.
Who is responsible for gas, electrical and fire safety?
A lease does not make the safety duties disappear. Which obligations sit where is written into the agreement before anyone signs. Both solicitors should look at that clause specifically.
Will you sign an NDA before we send Hereford scheme details?
Yes, without fuss.